Caterpillar 242B vs John Deere 318E: Which Is the Better Value?
The Caterpillar 242B averages $18,764 CAD at auction, compared to $31,600 for the John Deere 318E. That's a $12,835 difference. Based on 32 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Caterpillar 242B is the better value buy for most Canadian buyers, averaging $12,835 less than the 318E.
Caterpillar 242B
SSL$18,764 CAD avg
$7,286
Low
$29,380
High
22
Sales
Avg 3,523 hours · 2004–2013 model years
Full price guide →John Deere 318E
SSL$31,600 CAD avg
$22,770
Low
$45,679
High
10
Sales
Avg 880 hours · 2014–2015 model years
Full price guide →What are the key differences between 242B and 318E?
- Price: The 242B is $12,835 cheaper on average (41% savings).
- Usage: Used 242Bs average 3,523 hours while 318Es average 880 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242B or 318E? Check current listings with Deal Scores.
Which is the better value: 242B or 318E?
Choose the Caterpillar 242B if:
- You want lower upfront cost ($12,835 savings)
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 318E if:
- You prefer John Deere's dealer network and parts availability
How do 242B and 318E prices compare by year?
| Year | Caterpillar 242B | John Deere 318E |
|---|---|---|
| 2015 | — | $34,846 (6) |
| 2014 | — | $26,732 (4) |
| 2013 | $17,396 (2) | — |
| 2012 | $19,401 (2) | — |
| 2008 | $29,111 (2) | — |
| 2006 | $27,942 (2) | — |
| 2005 | $16,962 (10) | — |
| 2004 | $13,874 (4) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242B and 318E prices compare by hours?
| Hours | Caterpillar 242B | John Deere 318E |
|---|---|---|
| 0-999 hrs | — | $32,867 (8) |
| 1,000-1,999 hrs | $19,840 (4) | $26,534 (2) |
| 2,000-2,999 hrs | $24,793 (4) | — |
| 4,000+ hrs | $21,238 (8) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
More Comparisons
Related Guides
Get Pricing
Get a Price Quote on Caterpillar 242B
We'll send you current pricing and available units. No spam.
Get a Price Quote on John Deere 318E
We'll send you current pricing and available units. No spam.